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Icahn takes 11.4% stake in Motorola Mobility

Carl Icahn in 2007. (Terrence Antonio James/Chicago Tribune)

Activist investor Carl Icahn owns 11.4 percent of the newly formed Motorola Mobility, according to regulatory documents filed with the U.S. Securities and Exchange Commission.

Icahn had been steadily building his stake in the old Motorola Inc. prior to the company’s separation into two independent, publicly traded companies on Jan. 4. Motorola Mobility, which makes mobile phones and TV set-top boxes, was spun off from Motorola. The remaining company, which makes communications equipment for government and business customers, was renamed Motorola Solutions.

According to regulatory filings, Icahn has 33.5 million shares in Motorola Mobility. His stake in the new company is roughly on par with his stake in the old Motorola. Get the full story »

Verizon to end New Every Two, early upgrades

From The Wall Street Journal | One day after announcing it will start selling an iPhone, Verizon confirms that it is ending its program that allows subscribers to upgrade their phones every two years.  The carrier also is ending its early upgrade policy, starting next week.

Verizon iPhone announcement expected today

Verizon Wireless is expected to announce Tuesday that it will start selling a version of Apple Inc.’s iPhone, ending AT&T Inc.’s exclusive relationship with Apple.

A version of the iPhone for Verizon’s network has been long expected, and Verizon Wireless has invited the press to an event at 10 a.m. Get the full story »

Verizon beefs up network to prepare for iPhone

(Justin Sullivan/Getty Images)

Verizon Wireless has been beefing up its network and believes it will have no problem handling iPhone-type loads, a claim that could be put to the test this year if the carrier signs up millions of subscribers using the Apple Inc. device.

Verizon Wireless, the country’s largest wireless carrier, is confident enough in its network that it will offer unlimited data-use plans when it starts selling the iPhone around the end of this month, a person familiar with the matter said. Such plans would provide a key means of distinguishing its service from rival AT&T Inc., which limits how much Internet data such as videos and photos its customers may use each month. Get the full story »

With more devices, 4G to hit its stride in ‘11

Until recently, consumers wanting to take advantage of 4G wireless network speeds didn’t have much choice in devices. Carriers offered laptop cards and USB dongles, but the selection of smart phones and other gadgets was minimal.

This dynamic will change dramatically this year, thanks to a flurry of product launches from mobile operators that are eager to meet increasing consumer demand for fast wireless broadband and draw more revenue from data traffic. At the Consumer Electronics Show in Las Vegas this week, carriers announced more than 15 new 4G devices, many of them smart phones or tablets. Get the full story »

Skype to buy mobile video company

Skype has agreed to buy Qik, a service that lets users stream video from their smart phones, for an undisclosed amount.

The price tag has been reported to be about $100 million, though Skype said it won’t provide terms. The deal is expected to close this month. Get the full story »

RIM assures that Wi-Fi only PlayBook on schedule

Research In Motion Ltd.  reiterated Thursday its plans to release the Wi-Fi-only version of its PlayBook tablet in the first quarter of calendar 2011.

“The BlackBerry PlayBook is expected to begin shipping in the U.S. in Q1,” RIM said in an e-mail sent via their outside public-relations firm, Brodeur Partners. Get the full story »

Motorola unveils tablet, ‘most powerful’ phone

The world’s most powerful smart phone.

Such a claim is a bold one, but Motorola Mobility is making it at the Consumer Electronics Show, the annual industry confab where companies try to one-up each other with the newest technology and flashiest product releases. Get the full story »

3 versions of iPad Gen II reported in works

Apple will make three versions of the next iteration of the iPad, according to Taiwanese tech site DigiTimes. Get the full story »

Nokia Siemens deal for Motorola business delayed

Nokia Siemens Networks’ acquisition of Motorola Inc.’s network infrastructure business has been pushed to the first quarter of 2011 because the deal still needs regulatory approval in China.

The $1.2 billion transaction between Schaumburg-based Motorola and Nokia Siemens Networks was announced in July and expected to close by the end of 2010. However, the Chinese Ministry of Commerce’s Anti-Monopoly Bureau has yet to approve it. Regulators in the U.S., European Union, Brazil, Japan, Russia, South Africa, Taiwan and Turkey have given the green light. Get the full story »

AT&T plans to expand Wi-Fi hotzones program

AT&T Inc. plans to expand its Wi-Fi hotzone in Times Square and add new coverage areas in New York and San Francisco, after a strong response to its pilot program.

The company initially plans to expand the Times Square Wi-Fi hotzone and add new ones near Rockefeller Center and St. Patrick’s Cathedral in midtown Manhattan. It also is planning a new hotzone for the Embarcadero Center in San Francisco. The program is intended to supplement mobile broadband in urban areas with consistently high usage

AT&T, the exclusive carrier of Apple Inc.’s iPhone in the U.S., has been the subject of criticism over the quality of its service in places like New York City and San Francisco. Get the full story »

Apple sued over privacy issues with Apps

Apple Inc. allowed personal information from users of applications for its iPad and iPhone devices to be transmitted to advertising networks without the users’ knowledge, according to a lawsuit brought against the technology giant last week, Bloomberg News reported Tuesday. Get the full story »

Apple sued over privacy of iPhone, iPad apps

Bloomberg News | Apple Inc. has been sued over claims that some of its iPhone and iPad apps, including Pandora and dictionary.com, transmit users’ personal information to advertisers.

Dover buys Sound Solutions for $855M

Downers Grove-based Dover Corp. has reached an $855 million deal to acquire NXP Semiconductors NV’s Sound Solutions business, which makes speaker and receiver components for the mobile handset market. Get the full story »

Verizon to sell Motorola 4G phone

Verizon Wireless will distribute a smartphone made by Motorola Inc. to run on its new 4G network, the carrier’s chief operating officer, John Stratton, said in an interview Tuesday. The comments mark the first time the carrier has identified a handset maker for the closely watched launch and represent an important vote of confidence in Motorola. Get the full story »